TIKI LEASES.
(To the Editor.)
Sir,—lv answer to "Prospector," in last night's issue, the terms of some of the leases granted by Mrs Macintosh are-area, 3 or 4 acre", rental, £6 an acre; royalty, onefortieth of gold; also one forty-eighth interest in claim, or company. No surrendering clause for ten years' lease. Prospector will thus perceive that claim holders or companys are heavily handicapped. I think if Mrs Macintosh studies her own and also the interests of those for whom she is acting as trustee, she would at ones cause the rental for those claims that have already been £6 to be reduced to a fair rental, which I consider to be £4 an acre ; also to allow a surrendering clause in all the leases. I am confident that had the terms been more liberal there would have been a large number of claims taken up by this time, and a great many more miners on the field. —I am, &c, Mines,
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Auckland Star, Volume XII, Issue 3338, 7 April 1881, Page 2
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162TIKI LEASES. Auckland Star, Volume XII, Issue 3338, 7 April 1881, Page 2
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